HUM NETWORK UK LTD

Company Registration Number:
08661148 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

HUM NETWORK UK LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

HUM NETWORK UK LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 210,125 226,500
Tangible assets: 4 2,532 3,109
Investments: 5 3 3
Total fixed assets: 212,660 229,612
Current assets
Debtors:   1,969,701 1,182,307
Cash at bank and in hand: 229,619 199,552
Total current assets: 2,199,320 1,381,859
Creditors: amounts falling due within one year: 6 (3,093,476) (2,088,943)
Net current assets (liabilities): (894,156) (707,084)
Total assets less current liabilities: (681,496) (477,472)
Creditors: amounts falling due after more than one year: 7 (36,121) (47,500)
Provision for liabilities: (29,948) (29,948)
Total net assets (liabilities): (747,565) (554,920)
Capital and reserves
Called up share capital: 553,677 553,677
Profit and loss account: (1,301,242) (1,108,597)
Shareholders funds: (747,565) (554,920)

The notes form part of these financial statements

HUM NETWORK UK LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2024
and signed on behalf of the board by:

Name: DURAID QURESHI
Status: Director

The notes form part of these financial statements

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 327,500
At 30 June 2023 327,500
Amortisation
At 01 July 2022 101,000
Charge for year 16,375
At 30 June 2023 117,375
Net book value
At 30 June 2023 210,125
At 30 June 2022 226,500

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 6,669
At 30 June 2023 6,669
Depreciation
At 01 July 2022 3,560
Charge for year 577
At 30 June 2023 4,137
Net book value
At 30 June 2023 2,532
At 30 June 2022 3,109

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Fixed investments

Share in group undertakings and participating interests (2023) £3 ; (2022) £3

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due within one year note

Creditors (2023 : £ 3,093,476) ; (2022 : £ 2,088,943)

HUM NETWORK UK LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Creditors: amounts falling due after more than one year note

Creditors ( 2023 : £ 36,121) ; ( 2022 : £ 47,500)